MTN offers US$1.5bn to clear Nigerian fine
South Africa-based MTN has reportedly offered to pay NgN300bn (US$1.5bn) to settle a fine imposed by the Nigerian government for missing a ...
Tag: MTN
MTN offers US$1.5bn to clear Nigerian fine
South Africa-based MTN has reportedly offered to pay NgN300bn (US$1.5bn) to settle a fine imposed by the Nigerian government for missing a ...
MTN sets aside R9.29bn for Nigerian fine
South Africa’s MTN has set aside R9.29bn (US$595m) to pay its pending US$3.9bn fine to the Nigerian government, suggesting it is confident ...
MTN acquires fibre route from Liquid Telecom
MTN has bought 400km of domestic long distance and metro fibres from pan-African fibre provider Liquid Telecom, describing the move as a step ...
MTN Nigeria makes “good faith” payment towards US$3.9bn fine as negotiations continue
MTN Nigeria has today paid NgN50bn (US$250m) of its pending US$3.9bn fine to the Nigerian government, the company stated in a ...
Etisalat sues MTN over Visafone buy
Etisalat has filed a lawsuit against South Africa’s MTN over its acquisition of Nigerian CDMA operator Visafone, noting fears that the target's 800MHz spectrum would unfairly ...
Axa invests in US$1bn Africa Internet Group
French insurer Axa is to buy an 8% stake in online services business Africa Internet Group (AIG) for €75m, valuing the company at €937.5m. Assuming ...
MTN hires Eric Holder to negotiate Nigeria fine
MTN has reportedly hired former US attorney general Eric Holder, a lawyer at Covington & Burling, to help negotiate down a US$3.9bn ...
Maroc Telecom wins Côte d’Ivoire licence
Maroc Telecom has won a mobile licence in Côte d’Ivoire, and paid the first CFAFr50bn tranche of the fee. In December, ...
MTN and Orange face fines in Cameroon for unpaid taxes
Cameroon has reportedly fined the local subsidiaries of MTN and Orange a combined US$160m after anti-corruption commission CONAC found the operators had unpaid taxes. MTN ...
